Property Overview: 216 Mandeville Street, Deer Lodge, Winnipeg

Section 1: Key Characteristics & Appeal

This is a well-proportioned, classic two-and-a-half storey home built in 1912, offering character and space in the established Deer Lodge neighborhood. Its primary appeal lies in its generous 1,564 sqft living area, which ranks above average for both the street and the wider area, providing more interior room than many comparable homes. The property features a renovated basement and a detached garage. While the home itself is older, it sits on a standard city lot of approximately 4,874 sqft. The assessed value is consistent with the local market average.

This home would suit a buyer looking for the architectural charm and solid build of an early 20th-century house, who values interior space over a brand-new build. It’s ideal for someone comfortable with the maintenance considerations of a century-old home but who appreciates a modernized basement. The average assessment and sale price suggest it represents a grounded entry into a mature neighborhood without the premium of a recently built property.

A less obvious perspective is the potential this lot size offers. While not oversized for the area, it provides ample outdoor space for gardening, recreation, or future additions, which can be a rarity in newer subdivisions. Additionally, its "around average" valuation in a high-ranking area for living space suggests you are paying for the tangible asset of square footage rather than an inflated location premium.

Section 2: Frequently Asked Questions

1. What does the "above average" living area ranking practically mean?
It means that for its immediate area and the Deer Lodge neighborhood, this home offers more interior space than most comparable properties. You are getting a larger house relative to the local market.

2. The home was built in 1912. What should I be mindful of?
Prospective buyers should budget for and prioritize a thorough inspection. Key focuses for a home of this age include the condition of the foundation, roof, plumbing, electrical systems (e.g., knob-and-tube wiring), and windows. The updated basement is a positive, but the main structure requires careful evaluation.

3. How does the detached garage impact utility?
A detached garage provides secure parking and storage but means dealing with the elements when going between your car and house. It can also free up the backyard space from an attached structure. Consider its condition and the walkway to the house.

4. The assessed value seems low compared to recent sale prices. Why?
Municipal assessed value (31.20k) is for tax purposes and is often significantly lower than market value. The recent sale price of 34.10k is the true indicator of its current market worth. Always rely on recent comparable sales, not tax assessment, for valuation.

5. Is the lot size a disadvantage?
At just under 5,000 sqft, the lot is slightly smaller than some on the street but is generally average for Deer Lodge and citywide. It provides a manageable yard without excessive maintenance. The ranking ("below average" for the street) simply means a few neighbors have larger lots, not that this one is unusually small.